Oh dear...
A 'fraud' bigger than Madoff
Senior US soldiers investigated over missing Iraq reconstruction billions
In what could turn out to be the greatest fraud in US history, American authorities have started to investigate the alleged role of senior military officers in the misuse of $125bn (£88bn) in a US -directed effort to reconstruct Iraq after the fall of Saddam Hussein. The exact sum missing may never be clear, but a report by the US Special Inspector General for Iraq Reconstruction (SIGIR) suggests it may exceed $50bn, making it an even bigger theft than Bernard Madoff's notorious Ponzi scheme.
Full story on the website of the UK's Independent.
My comment: Absolutely criminal.
Scum sucking contractors
I have a friend who is a Colonel in the US Army and he refers to them as "scum sucking contractors." He knows all about this kind of stuff.
The problem is when we promise reconstruction and then it doesn't happen, it leaves our boys in the military absorbing the anger.